NewsBlaze logo
Newsletter logo   Search News     Daily News   
web2.0 logo   win logo
Published:

Don't Look Straight Ahead, Look Sideways

By Joel Block


I frequently work with scientists, inventors, technologists, and people who invent solutions to problems. Unfortunately, it's very frequent that these inventors will come up with solutions even though they have no idea what the problem is. In other words, they end up creating a solution looking for a problem. Sometimes, the solution that an inventor, scientist, or other person invents is for a specific purpose, but it ends up not being optimal for the problem at hand.

A great example of a product that ended up not solving the intended situation is the famous "little blue pill." Pharmaceutical company Pfizer created Viagra, which was originally invented to help people with blood-pressure problems. The pill was designed to assist people who had cardiovascular difficulties, and in the clinical trials, both men and women tested the drug as part of controlled studies. The drug did not produce the great results that the scientists who had invented it had hoped for. So they interviewed the participants in the study in order to document the results of the clinical trials.

Someone on the team of people evaluating the clinical trial results noticed that one of the side effects of the drug was one that was more impactful than the originally intended outcome for the drug. It turns out that some of the males had reported a surprising, pleasant and much needed alternative outcome as a result of taking this test drug. Although their blood pressure may not have decreased very much, incredibly, their libido had somehow increased. This benefit was a complete surprise to everyone.

The scientists were disappointed in the drug, but the marketers who were in the room immediately recognized that although the drug didn't work as expected, there was going to be a silver lining. They immediately broke into teams and figured out that if they could market the drug as one that dealt with erectile deficiency in a powerful way, then they could probably make more money than they could by competing in the very crowded blood-pressure market that they were originally trying to address.

Sometimes the solution ends up being what was intended, but the problem that the solution addresses ends up being quite different than what was originally planned. Always remember, it's not where you start, it's where you finish. And in the case of Viagra, the blue diamond tablet shaped pill made by Pfizer Inc., the outcome ended up being beyond the wildest expectations of the pharmaceutical company that had invented the drug.

So, as you are working hard every day to build your company, or as you're building your career, don't look straight ahead at the obvious. Look for the potential side effects, or the potential solutions that are outside of the box. Look to the side, look to the front, look behind you, and look in every direction for a possible market or a solution that your investment or your business addresses - because sometimes it's not right in front of you. The best solution might end up being somewhere off to the side.

About Joel G. Block

Often dubbed a "Growth Architect" by his clients, Joel Block advises companies on explosive growth strategies by driving revenue and sales. Well known in the capital markets, Joel is a successful entrepreneur, speaker and advisor. To bring Joel into your company, please visit www.joelblock.com or www.growth-logic.com.

Tags: Politics, top news, Business, , california
   _   _

  care2 logo   digg logo   newsfeeder logo   netscape logo  
Is your favorite bookmark site missing? Ask for it.
marker


Sponsor Links:
Writers Wanted
Help NewsBlaze provide daily news, including top stories, Home and Garden, Technology, The Environment and more. NewsBlaze Writer
Relevant Sites:

NewsBlaze 

Copyright © 2004-2008 NewsBlaze LLC
Use of this website is subject to our Terms of Service and Privacy Policy       Support    Press Room